PROVIDENCE, R.I. (Project Syndicate)—This week’s United Nations Climate Change Conference (COP27) in Egypt highlights the growing consensus that multilateral cooperation is necessary to avert environmental catastrophe. But with geopolitical tensions Read more
Tag: Globalization
Opinion: Opinion: Why inequality is growing in the U.S. and around the world
U.S. income inequality grew in 2021 for the first time in a decade, according to data the Census Bureau released in September 2022. That’s because what’s been driving income inequality in the Read more
Opinion: Opinion: Why some think fascism is the greatest expression of democracy ever
Warnings that leaders like Donald Trump hold a dagger at the throat of democracy have evoked a sense of befuddlement among moderates. How can so many Republicans—voters, once reasonable-sounding officeholders and the Read more
Three events rocked the U.S. economy in the past two decades, and this is the one lesson to learn from them
Three events shook the U.S. economy to its foundations during the past two decades, each different in nature but with a common lesson for investors and policy makers: Listen to Read more
Opinion: Wall Street CEOs confirm their allegiance to Beijing
China has been in the news plenty this year. First there was the controversy surrounding Beijing’s hosting of the Winter Olympics. And then the United Nations issued a report confirming China’s “crimes against humanity.” Read more
Opinion: China’s economy is rotting from the head
BOSTON (Project Syndicate)—China highlights a long-debated question about economic development: Can a top-down autocracy outperform liberal market economies in terms of innovation and growth? Between 1980 and 2019, China’s average Read more
Opinion: American democracy was broken long before the MAGA zealots denied the election and stormed the Capitol
PRINCETON, N.J. (Project Syndicate) – The current mainstream narrative in the United States holds that democracy is under threat from MAGA zealots, election deniers, and Republicans who are threatening to Read more
Opinion: If Europe and the U.S. want to win the war in Ukraine, they must enlist their economies in the fight
NEW YORK (Project Syndicate)—Politically, the G-7 and like-minded countries around the world have adopted a war footing to stop Russian aggression. Russian President Vladimir Putin violated the most fundamental principle Read more
Opinion: The Fed needs to jack up interest rates a lot more to bring inflation back under control
The Federal Reserve must do more to fight inflation in an economy radically changed by the pandemic, conditions in China, the war in Ukraine. and climate change. Counterpoint: Leading indicators Read more
Opinion: Leading indicators show inflation is slowing, but Fed policy makers are too busy looking in rearview mirror to notice
The Federal Reserve is speeding down the road looking in the rearview mirror, chasing a demon it doesn’t understand and praying that inflation will recede before it drives the economy Read more
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